Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1
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 Aug 14 2014, 10:17 AM
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Junior Member
337 posts Joined: Mar 2007 From: Subang Jaya  
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Bank into savings account means that there is no compounding effect. Hence, the quoted rate is the effective rate.
QUOTE(Kaka23 @ Aug 14 2014, 10:07 AM) Yesterday put FD in UOB, 13 months 3.90%. Interest will bank into savings account. Anybody knows what is the diff and why some interest they want to bank in to savings/current acc?  |
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